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REAL-TIME GLOBAL RESEARCH

The Property Ticker

Published: 2026-10-16Institution: JPMorganPages: 11Original language: English

Key takeaways

Price target260
  • Higher business rates could hit large offices; Second activist pushes Big Yellow to explore sale; UK rents rise;
  • Rise in ‘affordable indulgence’ driving retail success…
  • **Don’t Miss** European Property 2026 Outlook – We go again (here)

Figures are read from the report's first page; the summary is built from the report's own key-takeaway sentences. No model-generated text.

Research evidence excerpt

Higher business rates could hit large offices; Second activist pushes Big Yellow to explore sale; UK rents rise;

Rise in ‘affordable indulgence’ driving retail success…

  • **Don’t Miss** European Property 2026 Outlook – We go again (here)
  • *NEW* UK Property: A quick look at capital values in September – Another decline, but UK REIT portfolio quality showing how rents can
  • *NEW* Gecina: 3Q26 Conf. Call: Capital allocation remains key (here)
  • Workspace: Some positive signs. Disposals harder, but still targeting £200m by financial year-end: 2Q27 First Take (here)
  • Gecina: 3Q26: A solid quarter, but unlikely to break through the top-down
  • British Land: EPS guidance looks conservative, values more robust than we thought. More details needed on potential office tax: 2Q27 First Take (here)
  • Spain: Early elections meet strong growth momentum (here)
  • France: Labor market weakness to continue through year end (here)
  • European Property: A quick look at 3Q26 Paris office dynamics: Leasing weakness persists; investment activity provides a bright spot (here)
  • Unite Group: 3Q26 Conf. Call: Demand concentrated at leading universities; deleveraging and buybacks in focus (here)
  • Unibail-Rodamco-Westfield: Pullback presents an opportunity to buy
  • Landsec: Updating estimates for the Metrocentre and ABB (here)
  • Vonovia SE: A long way back (here)
  • UK Housebuilders: Government announces new first-time buyer scheme
  • Grainger: Model Update - Remaining OW (here)
  • CTP NV: CMD Feedback: Opportunity set to support growth and
  • Unite Group: Reservations Update - Solid – Unite portfolio occupancy at 95%, Hello Student beats at 92%. Moving parts in the income guide but
  • IWG: The Real Space Race – Initiate at OW and PT of 260p (here)
  • European Property: EPRA Conference 2026 – Leadership (here)

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